Fannie Mae’s surge makes green MBS a big market

Fannie Mae has quietly become a powerhouse in green securitization. In 2017 it issued $27.6bn of green mortgage-backed securities, dwarfing all other issuance ever.

By Jon Hay

11 Feb 2018

The figures surprised market participants so much that the Climate Bonds Initiative, the NGO that tracks the market, had to revise its published announcement of the 2017 total for green bond issuance from $131bn to $155.5bn.